Ahead of our Mobilize event Oct. 16 and 17, we asked experts how 50 billion connected devices and 6 billion people change their industry. In this essay Wells Fargo’s Miranda Hill tackles the topic of retail banking.
California is set to become a large energy storage market, and that has prompted bankers to figure out whether they could make money from it. Wells Fargo plans to get answers from its own pilot project.
How will you bank when you can check your balance on your watch? Will mobile payments seem quaint when we’re waving our fingers to make a purchase? We discuss all this and more during this week’s podcast.
Solar panels have been described as commodities, but are they? A solar project investor says that is not quite true given the uneven quality of solar panels he has seen. And that begs the question: is solar really a low-risk investment?
The U.S. market isn’t just attractive to solar energy equipment makers from China, it also is drawing project developers from the country. GCL Solar Energy, owned by a Chinese silicon wafer maker, has lined up over $100 million from Wells Fargo.
Apple, being the savvy company that it is, has positioned itself well to capitalize on IT departments looking to make a change. Some of the largest organizations in the world are taking another look at Apple products, and with good reason.
Developing Countries Eye Efficiency: “Emerging markets are waking up to the fact that using energy more wisely puts money in consumer wallets, can help smooth out trade deficits and is better for the planet in terms of reducing carbon emissions.” — WSJ’s Environmental Capital
Nitrogen Dioxide Crackdown: The EPA has just proposed the first adjustment to nitrogen dioxide air quality standards since 1971, reflecting research on health problems caused by exposure to the gas, which is formed by emissions from vehicles, power plants and industrial facilities. — Green Car Congress
GM Sizes Up Volt Competition: The time has come GM’s (s GM) Chevy Volt team to hammer out details that will directly affect ride and handling. For the chassis, they’re trying to go “much more sporty” than the Toyota Prius or Honda Insight. — AutoblogGreen
Step Forward for Solar on Public Lands: Interior Secretary Ken Salazar announced plans Monday to assess 24 tracts of land in six Western states to see if they can support large solar arrays. By the end of next year, he expects 13 commercial-scale solar projects to be under construction on public lands. — NYT’s Green Inc.
Wells Fargo to Invest $100M in SunPower Projects: Wells Fargo has agreed to finance up to $100 million for solar projects to be built and maintained by SunPower (s SPWR), entitling the bank to a 30 percent tax credit or the equivalent in federal grants. — Greentech Media